234 S Homestead Lane, Lancaster, KY 40444

New Listing
$2,895,000
Property Type: Business Opportunity Square Footage: 3,000 Lot Size (sq. ft.): 127,326 Status: Active
Current Price: $2,895,000 List Date: 8/12/2026 Last Modified: 8/12/2026

Overview

Description

FANTASTIC INVESTMENT OPPORTUNITY! Real estate and very successful, long running marina business known as Herrington Lake Marina. The sale includes the land, the marina with 210 rental slips, ship store, fuel pier, restaurant, three rental pontoon boats, all equipment, tools, inventory, and much more. There are also three onshore rental cabins (with beautiful lake views) , five RV/camper sites with electric, water, and sewer, as well as a boat trailer storage area. Lots of income sources including: slip rental, fuel, ship store, pontoon rental, launching fees, restaurant, RV site rentals, boat storage fees, and cabin rentals. The current owners purchased as a second career in 2004, and now, after 22 years, they are ready to retire.

Listing Details MLS# 26021768

Listing Information

Comp Sale YN
No
Property Sub Type
Business

Status Change Information

Status Change Timestamp
2026-08-12

Address

County
Garrard
Street Number
234
Street Direction Prefix
S
Street Name
Homestead
Street Suffix
Lane
State
KY
Zip Code
40444
Parcel Number
05C-21
Deed Book
227
Deed Page
220

Contract

Original List Price
2895000
Start Showing Date
2026-08-12
Listing Contract Date
2026-08-11
Listing Agreement
Exclusive Right To Sell
Owner Name
NAPIER MARINA LLC
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
990420.8

Tax Legal

MLS Area Major
023 - Garrard County

Building

Living Area
1500
Living Area Units
Square Feet
Building Area Total
3000
Building Area Source
Owner
Building Area Units
Square Feet
Year Built
1992

More Information

Lot

Lot Size Acres
2.923
Lot Size Square Feet
127325.88

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Available
Yes
Phone Available
Yes
Propane
Yes
Water Available
Yes
Other
Yes

Remarks

Public Remarks
FANTASTIC INVESTMENT OPPORTUNITY! Real estate and very successful, long running marina business known as Herrington Lake Marina. The sale includes the land, the marina with 210 rental slips, ship store, fuel pier, restaurant, three rental pontoon boats, all equipment, tools, inventory, and much more. There are also three onshore rental cabins (with beautiful lake views) , five RV/camper sites with electric, water, and sewer, as well as a boat trailer storage area. Lots of income sources including: slip rental, fuel, ship store, pontoon rental, launching fees, restaurant, RV site rentals, boat storage fees, and cabin rentals. The current owners purchased as a second career in 2004, and now, after 22 years, they are ready to retire.

Building and Property Details

Furniture, Fixtures & Equipment YN
No
Building Expansion Potential YN
No
Inground Tank YN
No
Railroad Siding YN
No
# of Men's Restrooms
2
# of Women's Restrooms
2
Retail SqFt
1600

Business Details

Years In Business
34

Showing Information

Showing Instructions
Listing broker must accompany all showings. Please do not show without permission. Seller does not want employees or renters to know that the property is for sale yet.

Tax & Legal

Business Name
Herrington Lake Marina
Directions
From Lexington take US 27 to right on Sutton. Go 2 miles to right Settlement Rd. then left on Homestead, Herrington Marina is on the right,

Cooling

Electric
Yes

Heating

Electric
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Special Listing Conditions

Standard
Yes

Business Type

Commercial
Yes
Recreation
Yes
Restaurant
Yes
Retail
Yes
Other
Yes

Sale Or Lease Includes

Building(s)
Yes
Business
Yes
Equipment
Yes
Fixtures
Yes
Furniture
Yes
Inventory
Yes
Land
Yes
Leases
Yes

Showing Requirements

Call Listing Agent
Yes
Listing Agent Must Accompany
Yes
No Sign
Yes

Property Features

Utilities: Electricity Available; Phone Available; Propane; Water Available; Other; Electricity Available; Phone Available; Propane; Water Available; Other Business Type: Commercial; Recreation; Restaurant; Retail; Other Cooling: Electric Heating: Electric Listing Terms: Cash; Conventional Sale Or Lease Includes: Building(s); Business; Equipment; Fixtures; Furniture; Inventory; Land; Leases Special Listing Conditions: Standard Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; No Sign
Listing Office: Jack Foley Realty, LLC
Last Updated: August - 12 - 2026
Information deemed reliable but not guaranteed.